What Home Care Costs
As you investigate the different options available to you, you want to choose the type of care that fits into your lifestyle. One of the first things on your mind is how your care decisions will affect your bank account. You are not alone; many people searching for care are apprehensive about the potential financial burden of paying for long-term care. What will home care cost for you? It may be more affordable than you think.
How that compares to the cost of home health, assisted living and other forms of care
Unlike for home care services, Medicare will pay for some of these types of services; however, as most caregivers know, the senior is still responsible for a heavy portion of these expenses. More importantly, these services, with the exception of home health aides, are full-time expenses that require a senior to move out of the comfortable surroundings of their own home.
Home care services, both home health and non-medical, are often only required for a few hours a week in order to make a significant impact on the seniors’ lives and allow them to continue to remain in their own homes. In fact, a Home Instead Senior Care study indicates that 22 percent of the network’s clients employ caregiver services four hours or less per week and 20 percent of clients employ them between four and eight hours per week. That could represent a savings of thousands of dollars a month, when compared to nursing homes and assisted living facilities.
Finding out more information
Only you and your family can decide if non-medical home care is right for you and your senior loved one. To help you, we suggest exploring these additional resources:
The Average Cost of Care
The cost of non-medical home care varies depending on where you live and the amount of care you will need. The best way to budget for home care is to determine the number of hours you will need per week. Feel free to take our free online needs assessment to evaluate your needs and the number of hours you may require.
According to the “Cost of Care Survey”, an annual report by Genworth, home care costs less than other options like adult day care, assisted living and skilled nursing. In fact, the national average cost of home care per hour ranges between only $10 to $36. Genworth also reports that the cost of home care services only increased by 1% during the past five years.
By comparison, the average resident at an assisted living community pays $3,450 per month. Nursing homes can cost up to $948 per day. In the past five years, the costs for assisted living and skilled nursing have risen by 4%.
Preventing Costly Accidents
In addition to being an affordable option, home care can actually prevent the accidents and injuries that lead to hospital stays and visits to the doctor. As GHS Home Care caregivers help with activities of daily living, they can help prevent falling and promote a healthier living environment. Falls can lead to head injuries and broken bones, and having a steady hand helps many seniors be more sure on their feet.
Keeping track of prescriptions is also a challenge for many people using home care services. Medication reminders given by a GHS HomeCare caregiver can prevent our clients from forgetting to take their medication or overdosing, both of which can lead to more serious health concerns.
GHS HomeCare is proud to provide the services that lead to a higher quality of life for many people and their families. Contact your local GHS HomeCare office to find out more about what home care costs for you.